by maurice snook
(Louisville, KY USA)
This article is excellent, as all others have been too. I share your enthusiasm for silver and gold. I also endorse the thought that silver is preferable to gold (but in the long run this may seem hair-splitting to many readers).
The large divergence between these metals is in silver's industrial use and you touch on this in the article:
*In refined form, there is 5 times more gold available compared to silver because of silver being consumed
*Typically silver is produced about 10:1 compared to gold.
*Gold is 53 times more costly per ounce vs. silver.
These facts combine for an overwhelming endorsement of silver, though gold remains a great investment too--partly because the central banks and other major wealth sources view gold as the supreme store of value.
Thank you for helping make these metals better understood. Ted Butler is also a wonderful source of clarity.
p.s. I don't need credit for anything--the above comments are easily found elsewhere, I simply believe them!